Feature

Bear-Market Genius

Bob Prechter called the market top in 1987 -- and has continued to
ever since

There are few second acts for stock-market forecasters who blow major market moves. Who today talks about, let alone remembers, technician Elaine Garzarelli who purportedly called the 1987 stock market crash and then flamed out once she began to run real money? And what fate awaits Goldman Sachs' Abby Joseph Cohen, the doyenne of the 'Nineties Bull Market who since has been blindsided along with almost everyone else by the past three years' fierce market slide?